Can you help me figure out the right insurance coverage for my Toyota RAV4?

"I'm trying to figure out my auto insurance coverage and I don't know which limits to choose.

Should I go with enough to cover my net worth or assets? How much would be enough to cover medical bills?"

Answer
“Broadly speaking, you should get however much insurance coverage you can afford. You always want to get the highest amount of insurance coverage possible.
Most experts recommend carrying at least $100,000/$300,000 in bodily injury liability. While you may not have that much in assets, these limits will reduce the amount you may need to pay out of pocket should you injure someone in an accident.
Medical bills and expenses can add up very quickly. Once your coverage limits are exhausted, the other party’s insurance could pursue you to recover any additional costs.
To get an idea of what coverage you can afford, you should shop around and request car insurance quotes online. You can also reach out to an agent to discuss which coverage options you can afford.”
avatar
Emily Maracle
Answered on May 19, 2021
Emily Maracle is a car insurance specialist living in New York. Originally from the Pacific Northwest, she has a degree in English Literature and a background in customer service. She enjoys cooking, gardening, and living sustainably. In the future, she can't wait to upgrade to a hybrid or electric car.
thumb-up

Did this answer help you?

Ask us a question by email and we will respond within a few days.
thumb-up

Have a different question?

You can meet us at our office and discuss the details of your question.

Read advice from car experts at Jerry

Easiest way to compare and buy car insurance

√
No long forms
√
No spam or unwanted phone calls
√
Quotes from top insurance companies
Find insurance savings — it's 100% free